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Exchange Rates For Customs

The Central Board of Indirect Taxes and Customs (CBIC) has notified the exchange rate for converting each of the below-mentioned foreign currencies into Indian currency via Notification No. 31/2021 – Customs (N.T) on 18 March 2021.

These revised rates will be effective from 19 March 2021 for the import and export of goods.

SCHEDULE-I      

Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian Rupees (INR)
  (For Imported Goods) (For Exported Goods)
Australian Dollar 57.95 55.60
Bahraini Dinar 198.70 186.00
Canadian Dollar 59.50 57.35
Chinese Yuan 11.35 11.00
Danish Kroner 11.90 11.45
EURO 88.25 85.10
Hong Kong Dollar 9.50 9.15
Kuwaiti Dinar 248.35 232.45
New Zealand Dollar 53.85 51.50
Norwegian Kroner 8.75 8.45
Pound Sterling 102.80 99.35
Qatari Riyal 20.55 19.30
Saudi Arabian Riyal 19.95 18.70
Singapore Dollar 54.95 53.10
South African Rand 5.10 4.80
Swedish Kroner 8.70 8.40
Swiss Franc 80.05 76.95
Turkish Lira 9.95 9.35
UAE Dirham 20.35 19.10
US Dollar 73.35 71.60

  SCHEDULE-II        

Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian Rupees (INR)
  (For Imported Goods) (For Exported Goods)
Japanese Yen 67.80 65.30
Korean Won 6.65 6.25

 

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